B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Shares Down 4.6% – Should You Sell?

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT)’s share price was down 4.6% on Friday . The company traded as low as $8.91 and last traded at $9.00. Approximately 20,324 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 44,256 shares. The stock had previously closed at $9.43.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Price Performance

The business’s 50-day simple moving average is $10.28 and its two-hundred day simple moving average is $12.29.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 16.67%. The ex-dividend date of this dividend is Wednesday, January 15th.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.